This is Support Resistance script that uses Multi Time Frame. While getting Close/Open/High/Low values of Higher Time Frames the script does NOT use Security function , instead it calculates them.
while choosing Higher Time Frame, you can use "Auto" option so it uses predefined Higher Time Frames, or you can choose the Higher Time Frame...
This script is based on the approach of filtering signals by checking higher timeframes.
So basically setting higher numbers in "Strength Of Levels" option, will make the indicator check for support and/or resistance levels in timeframes higher than the current.
Unfortunately, I was forced to still use inefficient built-in functions pivothigh() and pivotlow(). I...
This indicator is elaborated following the 3 window strategy described by Elder.
The fast, slow averages and MACD histogram are taken from a time frame 5 times higher than the active time frame and indicate bullish / bearish trends as well as divergences (bottom) of the hostogram with the price.
Experimental Script !
What it does :
Signals a bull / bear higher timeframe candle state but *ONLY* if it flips state.
There is also an adjustable bar lookback offset, equivalent to Close
Public script as it's barely an embryo of an idea..
*note* due to the new pinescript 'resolution' timeframe functionality it will only colour the bars of the...
There is a link below that further explain the purpose of this publication.
A fresh new look into the limitations of the security() function and perhaps expand our horizons on having access to more accurate data no matter from what timeframe you are on.
As always, it is my...
This is the optimized version of my MTFSBB indicator with capability of possible bands prediction in case of negative shifting (to the left).
Make me happy by using it and sending me your ideas about the prediction.
Fit a line at successive intervals, where the interval period is determined by a user-selected time frame, this allows the user to have an estimate of the intrinsic trend within various intervals.
Timeframe : Determine the period of the interval, if the timeframe is weekly then a new line will be fit at the start each weeks, by default "Daily"
This script shows total volume info of Higher Time Frame. it checks open/close prices of higher time frame and sets the color. it also show a dynamic line on last volume , so you can see when HTF candle started and ended. by looking at the color of volume columns you can see HTF candle is green or red. it's something like weis wave volume that is using...
I merged some of my previous written indicators, because a combination of multi-timeframe Bollinger Bands, RE RSI and Resistance/Support levels could help a lot.
Don't forget to add my other useful indicator (Classical SnR) to the chart to maximize your profit!
Available Options on Inputs Tab!!!
RSI with ability to change first RSI to a different Time Frame.(Defaults To Current Chart Time Frame).
Ability To Turn On/Off Background Highlighting if First RSI is Above/Below 70 or 30 Lines.
Ability To Turn On/Off Background Highlighting When First RSI Crosses Above 30 Or Below 70.
Ability To Turn On/Off "B" Or "S" When...
Okay, so this is a lot. It started mostly with me combining indicators and looking for ideal entry criteria.
It is also a collection of conditions, whether used or unused, for my current chosen "best" strategy. It is currently set how I like it, but it has changed with time, and will continue to do so. Within, there are variables that are unused, but offer some...
There is already SuperTrend indicator and thanks to its developer.
This script draws supertrend for current and higher time frame, it automatically calculates higher time frame and you don't need to adjust it when you change the period.
it also change the color of bars according to current and HTF supertrend, so you can see the trend by looking at bars...
A good amount of users requested a text box showing various price statistics, the following script returns various of these stats in a user-selected range, and include classical ones such as a central tendency measurement (mean), dispersion (normalized range) and percent change, but also include less common statistics such as average traded volume and number of...
Another multi-timeframe indicator presents 3 MTF (each) Bollinger Bands and 3 MTF (each) Reverse Engineering RSI and of course with shifting (left/right) capability.
RERSI in a simple term is the RSI but on the main chart alongside with candles.
There are many adjustable options like:
- Show/Hide each BB
- Show/Hide each MA
- Non-integer BB deviation values
Simple indicator showing the support and resistance on Daily, Weekly and Monthly time frames no matter what time frame you're currently on by highlighting the highest and lowest points on each over the last 34 bars.
Daily support and resistance are coloured green.
support and resistance are coloured yellow.
Monthly support and resistance are coloured red.